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of the eurozone shows continued slump in services activity. >>> plus first lady michelle obama fires up the base in the democratic national convention, making the case for voters to give her husband a second term in office. >>> let's check in on markets as we sort of near the beginning of the u.s. trading session. dow jones industrial average sitting below that 13,000 mark is looking to open lower, taking fair value into account by about 35 point. nasdaq, s&p 500 are also in the red this morning a bit of a bigger move than we've seen with indecks in the last couple weeks. part keying off attitudes we've seen in markets overnight. let's take a look at cnbc ftse 100, down spurred by parts of asian demand, the fedex profit warning we've talked about, or change in guidance, that is, european markets for their part are also in red. ftse 100 down despite better tone. xetra dax down 0.3 trs. it's unusual for us to see all the vorcies doing the same thing. >> that eurozone pmi is coming out, nudged down from the flash number. what's the impact on the spanish bond yield? they are lower than we were two d
headlines out of charlotte. first lady michelle obama speaking to the party faithful last night. bill clinton is tonight's headliner. we'll go to north carolina and check in with john harwood in a moment. >>> first, nfl kickoff, the giants and cowboys play tonight but the real game is on "squawk" this morning. we'll talk big business of the pigskin with the top nfl executive, mark wal erwaller at eastern time. and exclusive interview with indra nooyi from pepsico. and we'll talk to the owner of the new york jets, woody johnson at 7:15 eastern. and we have the owners of the cowboys and the giants, they will be live together at :15 eastern time. jerry jones and steve tisch in a "squawk box" exclusive. let's start with the top headlines, andrew. >>> let's talk facebook. it's promising not to sell stock to cover a $2 billion tax bill. it says it will cover that with existing cash and borrowing from credit facilities. as a result of the move, total outstanding shares will be reduced by 1.5 million shares. the company spinning it as a equivalent of buy back. the company disclosing rank and
how much money you make but the difference you make in people's lives. >> first lady michelle obama at the democratic national convention last night making the case for re-electing her husband the president. in the next hour of "squawk on the street" we'll go to charlotte to the dnc and get a live interview with the cofounder of costco, the former ceo who has had long standing support for the democratic party. we'll talk more about that, 10:30 a.m. eastern time right here on "squawk on the street." he has put his money where his mouth is and tried to keep it a little more quiet during his tenure, active tenure as ceo, jim, but now that he is basically retired -- >> wasn't that something, your documentary remains the best way to understand this man's thinking and how he offers the best single employment plan of any private company i could find which is why, carl, how important is retention of employees? with retail it can be as high as 50%. >> amazing story. >>> facebook ceo mark zuckerberg will make his first public appearance tuesday since the tumultuous ipo in may. it will take pl
're relationship will be changing with the the launch of iphone 5 and as we wait for michelle obama to address the democratic convention tonight, we're going to hear from l.a.'s mayor and the chief of staff of george w. bush. >> simon, thanks so much. what a pleasure it is to welcome back "six in 60." start with man u. getting some analysts call. >> brokers of deutsch back, just don't touch this thing. go to see them in action. do not get in action with the stock. >> medvation. >> this is for late stage prostate, a very big deal. it's been a winner. >> game stop getting an upgrade from goldman. >> i don't know what they see here and i got to tell you, let it go. >> apple's price target. raised from 800 to 885. >> september 12th. this is a big data point. people are going to buy the stock right into the launch. >> union pacific. >> phil lebeau talking about auto sales. >> and a name we're going to be hearing more about, he canmann. >> i got to talk to him tonight, it's been a most disappointing stock, but i never gave up. big acquisition, looks good. >> there's a lot more tonight. >> the stock
is so appropriate. last night we heard from the san antonio mayor and michele obama in motivational terms to the key democratic constituency groups, african-americans, hispanics, women. but tonight president clinton gets the heavy lifting talking about the economy weighing down president obama with 8% unemployment, with a deficit annually over $1 trillion and with a traditional debt that's now hit $16 trillion. so what president clinton's going to do is what he did in a commercial he cut for president obama very recently in which he praised president obama's economic plans as resembling his own when he presided over the boom in the '90s. a balanced approach to deficit reduction, tax increases and spending cuts and key investments. i just talked to a senior strategist for the obama campaign who said we all know that bill clinton has his own distinctive speech making process which has to do with rewrites right up to the last minute but this aide had seen the speech. said it's not going to disappoint and precisely what democrats hope president clinton will do to tee up president obama'
on their delegate and tonight michelle obama will be speaking and john harwood is in charlotte, joining us with a preview of all the action this morning. john? >> are you sure you're done with breaking news on joe's tape worm situation? >> i don't have one yet. if i get one, i know where it's -- andrew just got back from africa, john, which i'm sure you've been there, haven't you? >> caller: i have. >> you climb kilimanjaro or something or what did you do? >> i went there several times. most of the time i was covering unrest in south africa during the 1980s before mandela was released. >> you weren't in luxury tree houses with a jacuzzi in your room? >> i have been on luxury camping situations. it's pretty cool. but most was for reporting. >> good answer. >> andrew, if he gets sick at all any time in the next three months, you're going to get blamed. >> god knows what you brought back with you. >> i'm going to bring you a prescription. >> did you behave yourself over there? she was with you? >> yes. >> you were home every night? >> don't go there. >> let's go to the convention -- >> just l
have the democratic convention. spectacular performances by michelle obama and bill clinton. president obama got less stellar reviews, but still a solid speech. the totality of that message, when you had romney, his goal was to make people like him better. obama was to try to address the sense of disappointment many people have. from these initial numbers, they could fade back, it looks like he's done that. at least a little bit. >> john, both of these polls were done after the jobs report on friday? >> reporter: the gallup poll, melissa, is a seven-day tracking poll. so it had results from s days. only friday and saturday in that poll was after the jobs report. the rasmussen poll is a three-day tracking poll. so it's numbers included sunday, saturday and friday. so, yes, the rasmussen poll included the jobs report numbers. >> that is the one that showed obama in the lead. all right, john. thank you very much for that. appreciate it. >>> teachers in chicago are on strike today in the city's first school shutdown in 25 years. mayor rahm emanuel saying he will push to end the strike quic
, michelle obama the first night, president clinton last night and president obama tonight. i think we've got a trifecta. >> yeah. there's been some powerful speeches. it's been said that clinton in 20 seconds made the best sell for the president, better than the white house has been able to make in four years, what do you make of that? >> there's only one bill clinton. did a great job last night. i think he really summed it up is that under democrats america gets jobs. under the republicans we don't do so well, and i think our president tonight will continue the effort to make sure that americans know the facts, and heard a lot of fibs last week at the republican convention and it's time to straighten out the record. >> still though, some read it as bit of a liability, that the white house or the president himself can't make that case. in the end, politics are a singles game, not a doubles game. how much pressure son him to sell himself tonight? >> well, i'm a white sox fan, and so is president obama, and we're in first place. we're going to stay in first place, and i think president obama c
capitalism. in michelle obama's speech she said it's more important to try than to succeed. it is not how much money you make but how hard you work. >> these are all good platitudes. no one is going to disagree money doesn't help happiness and we want to help people that need help. they put forward all these platitudes as if -- they have the good stances. they want to help children. the republicans don't. they want to help people get education. the republicans don't. they want to help people have retirement. every time they say that -- >> all they want to do is talk about it. look at who they're appealing to, people who don't understand what a profit is. what they don't understand is the people who help people are the people who make the most money because making money is a sign of how many people you helped because you figured out what the consumer wanted and gave it to them at a low price and that is how you got rich. >> as long as there is competition. now it's a global market place. >> it's always been a global market place. >> but our companies need to be as lean as they can to succe
they're doing for your kids. wind much like michelle obama's speech about saying don't chase the dollar. >> you need to do it on merit and you need to be able to fire them. >> and that is the sticking point. >> i'm talking about the teachers unions, not the teachers. of course you defend teachers. >> but a good teacher, and the difference between a good teacher and bad teacher a give teacher does not -- >> you can't be fired after two or three years for the rest of your life and you make twice as much as the average person. >> >> i'm not disputing anything i said. i'm just saying the best teachers i ever had, i promise you worked around the clock. just like you do, just like becky does. >> but the difference is that the union -- >> talking about getting summers off and making $71,000 plus $15,000 in benefits versus an average $47,000 -- are you going to say happy camper next? anyway, go ahead. >> the problem is it you're not able to weed out the bad teachers. that's the problem with the teachers union. >> i'm with her and you, by the way. >> you're not. >> we are. >> then i have to chan
that at all. >> did you hear any of that, tony? >> what about michelle obama? >> i think he just cited elizabeth warren's prime time speech. >> but do you have all the good positions, the democrats do. you care about people, not greedy money. you don't want to cut off health care for old people, you you love old people, you care about educating children. and by definition, i guess republicans are on the opposite side of all those positions which is a lousy -- you staked out all the good positions. >> this is working out great. >> it's difficult to run on that platform. >> it's that kind of rhetoric actually that really makes any kind of reform just impossible, right? because any reform of any existing system means that you are by definition, you know, just -- you want to create pottervilles in america by doing anything. >> it's working, though. >> i don't understand that at all. i mean, look, let's bring it down to kind of a reality level here. reform. okay. certainly i feel very strongly that the financial sector needs reform. and financial regulatory reform which dodd-frank passed un
Search Results 0 to 10 of about 11

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